Statement of Cash Flows$-$Indirect Method The comparative balance sheet of Yellow Dog Enterprises Inc. at December $31,20$Y$8$ and $20$Y$7,$ is as follows: Additional data obtained from the income statement and from an examination of the accounts in the ledger for $20$ Y are as follows: a$.$ Net income, $ $110,390.$ b$.$ Depreciation reported on the income statement, $ $35,470.$ c$.$ Equipment was purchased at a cost of $ $68,510,$ and fully depreciated equipment costing $ $19,240$ was discarded, with no salvage realized. d$.$ The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e$.6,000$ shares of common stock were issued at $ $20$ for cash. f$.$ Cash dividends declared and paid, $ $67,270.$ Required: Prepare a statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negativePrepare a statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Yellow Dog Enterprises Inc. Gtatement of rach Flows